Micro Finance Solutions

Micro finance solutions require delivery of financial services at the doorstep of the rural consumer. These solutions need to operate in locations where there may be no bank branches, inconsistent power supply and inconsistent communication links. Hence the entire solution neds to be conceptualized as a combination of innovative information technology and banking business process innovation that can together deliver the services. The solutions need to meet all the three requirements of security, connectivity and power backup. Innoviti addresses these requirements through its comprehensive suite of products. The security aspect is addressed through a biometric authentication accessory (trueID) that can be connected to a portable Electronic Data Capture (EDC) platform, the Vx610, to create an integrated portable biometric handheld system. The Vx610 carries a powerful battery that allows for the system to be used entirely on battery for reasonable periods of time. The connectivity aspect is addressed through the availability of trueID-GPRS solution that adds GPRS connectivity to the Vx610 terminal, therefore providing for a portable wireless biometric terminal.

Related products

Vx610-trueID

Vx610-trueID is an integrated secure biometric transaction processing platform for financial inclusion, biometric payments and monitoring solutions. The biometric authentication uses an optical scanner and supports standard based (ISO 19794-2) and proprietary templates. Vx610-trueID is also available with a GPRS option that allows the terminal to be operated on a GPRS network, for connecting to core banking systems and also for online authentication. read more »

goGPRS

goGPRSª is a plug-in GPRS module for EDC (PoS) terminals to enable GPRS connectivity. GPRS connectivity allows the terminal to be used in remote locations (like in financial inclusion projects) and also helps in reducing the communication expenses arising out of conventional dial-up connectivity that EDC machines use. Designed as an accessory to an EDC, it is available in serial (goGPRS-S) and USB (goGPRS-U) variants to support different EDC interfaces. It can be interfaced to VeriFone and Gemalto range of terminals. The product is based on a GPRS technology from Siemens, Germany, world's #1 provider of GPRS solutions. read more »

Enabling financial inclusion


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